Dole plc Reports Sale of PortuGuayaquil Operations
Ticker: DOLE · Form: 6-K · Filed: Dec 17, 2025 · CIK: 1857475
Sentiment: neutral
Topics: divestiture, sec-filing, form-6k
TL;DR
Dole plc sold PortuGuayaquil ops, filing details incorporated into S-8 registration statements.
AI Summary
Dole plc filed a Form 6-K on December 17, 2025, reporting a sale of its PortuGuayaquil operations. The filing incorporates by reference a press release (Exhibit 99.1) into existing registration statements on Form S-8.
Why It Matters
This filing indicates a divestiture of a specific business segment by Dole plc, which could impact its overall revenue and operational structure.
Risk Assessment
Risk Level: low — This is a routine filing reporting a business transaction without immediate financial implications or significant changes to the company's overall structure.
Key Players & Entities
- Dole plc (company) — Registrant
- PortuGuayaquil (company) — Divested Operations
- 29 North Anne Street, Dublin 7 D07 PH36 Ireland (location) — Principal Executive Offices
- 101 South Tryon Street, Suite 600, Charlotte, NC United States 28280 (location) — Principal Executive Offices
- 333-261591 (document_id) — Form S-8 File Number
- 333-258406 (document_id) — Form S-8 File Number
FAQ
What specific assets or business lines constitute the 'PortuGuayaquil operations' being sold?
The filing does not specify the exact assets or business lines included in the PortuGuayaquil operations sale, referring to Exhibit 99.1 for details.
What is the financial impact of the sale of PortuGuayaquil operations on Dole plc?
The filing does not disclose the financial terms or impact of the sale of PortuGuayaquil operations.
When was the sale of PortuGuayaquil operations completed or announced?
The filing is dated December 17, 2025, and reports on the sale, but does not specify the exact date of completion or announcement.
Which registration statements on Form S-8 are being updated by this filing?
This filing is incorporated by reference into registration statements on Form S-8 with file numbers 333-261591 and 333-258406.
Is the press release attached as Exhibit 99.1 considered part of the incorporation by reference?
No, the filing explicitly states that it, 'other than the press release attached as Exhibit 99.1 hereto,' shall be deemed to be incorporated by reference.
Filing Stats: 932 words · 4 min read · ~3 pages · Grade level 16.9 · Accepted 2025-12-17 16:09:04
Key Financial Figures
- $75.0 million — ments, are expected to be approximately $75.0 million. The sales and purchase agreements fo
Filing Documents
- saleofportinguayaquilecuad.htm (6-K) — 19KB
- doleplcannouncessaleofitsp.htm (EX-99.1) — 10KB
- image_0.jpg (GRAPHIC) — 0KB
- 0001857475-25-000067.txt ( ) — 31KB
From the Filing
Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of December, 2025 Commission File Number 001-40695 Dole plc (Translation of registrant's name into English) 29 North Anne Street, Dublin 7 D07 PH36 Ireland 101 South Tryon Street, Suite 600, Charlotte, NC United States 28280 (Address of Principal Executive Offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F Incorporation by Reference This report on Form 6-K, other than the press release attached as Exhibit 99.1 hereto, shall be deemed to be incorporated by reference into the registration statements on Form S-8 (File Numbers 333-261591 and 333-258406) of Dole plc and to be a part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished. Entry into a Material Definitive Agreement On December 13, 2025, certain subsidiaries of Dole plc, an Irish public limited company ("Dole" or the "Company"), entered into a series of sales and purchases agreements (collectively referred to herein as the "Transaction") that, if and when completed, will result in the sale of 100% of the membership interests in the Company's port properties and associated operations in Guayaquil, Ecuador (the "Ecuadorian Port Business"), to Terminal Investment Limited Holding S.A., a corporation organized under the laws of Luxembourg (the "Buyer"). Net cash proceeds of the Transaction, after costs and customary transaction completion adjustments, are expected to be approximately $75.0 million. The sales and purchase agreements for the Transaction contain customary representations, warranties, covenants and indemnification provisions, and the consummation of the Transaction is subject to regulatory approvals under the laws of Ecuador. The Transaction is expected to close in 2026. The Company is expected to continue to utilize the Ecuadorian Port Business after closing pursuant to an agreement with the Buyer to provide terminal services on arm's length terms, including the loading and discharging of containers. On December 15, 2025, the Company issued a press release in connection with the Transaction. A copy of the press release is attached as Exhibit 99.1 to this Report on Form 6-K and incorporated herein by reference. Forward-looking information Certain statements made in this disclosure that are not historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on management's beliefs, assumptions and expectations of the Company's future economic performance, considering the information currently available to management. These statements are not statements of historical fact. The words "believe," "may," "could," "will," "should," "would," "anticipate," "estimate," "expect," "intend," "objective," "seek," "strive," "target" or similar words, or the negative of these words, identify forward-looking statements. The inclusion of this forward-looking information should not be regarded as a representation by the Company or any other person that the future plans, estimates or expectations contemplated by the Company will be achieved. Such forward-looking statements are subject to various risks and uncertainties and assumptions relating to the Company's operations, financial results, financial condition, business prospects, growth strategy and liquidity. Accordingly, there are, or will be, important factors that could cause the Company's actual results to differ materially from those indicated in these statements. Factors that could cause or contribute to such differences include (i) the parties' inability to close the Transaction in a timely manner or at all due to the failure to satisfy conditions to the closing, including the satisfaction of all requirements under the laws of Ecuador, (ii) uncertainties as to the timing of closing the Transaction, (iii) the occurrence of any event, change or other circumstance that could give rise to the termination of the definitive agreement relating to the Transaction, (iv) risks related to disruption of management's attention from the Company's ongoing business operations, (v) the effect of the announcement or pendency of the Transaction on the Company's relationships with its customers, operating results and business generally, (vi) the outcome of any legal proceedings to the extent initiated against the Company, the Buyer, Terminal Investment Switzerland SRL, or others related to the Transaction, (vii) the ability of the Company to execute on its strategy and achieve its goals and other expectations after the closing, (viii) legisla